CHAR Technologies (CVE:YES) Trading 8.8% Higher – Should You Buy?

Shares of CHAR Technologies Ltd. (CVE:YESGet Free Report) rose 8.8% during trading on Thursday . The company traded as high as C$0.31 and last traded at C$0.31. Approximately 199,686 shares were traded during mid-day trading, an increase of 176% from the average daily volume of 72,433 shares. The stock had previously closed at C$0.29.

CHAR Technologies Stock Up 8.8%

The business’s 50-day moving average is C$0.21 and its two-hundred day moving average is C$0.23. The firm has a market capitalization of C$39.98 million, a price-to-earnings ratio of -4.84 and a beta of -0.83. The company has a debt-to-equity ratio of 1,068.91, a quick ratio of 0.60 and a current ratio of 0.62.

About CHAR Technologies

(Get Free Report)

CHAR Technologies Ltd., a cleantech development and services company, engages in the conversion of organic waste into renewable gases and biocarbon products. It offers SulfaCHAR, an activated charcoal; CleanFyre, a solid biofuel; and high temperature pyrolysis technology, which transform organic waste streams to renewable outputs, as well as converting woody materials.

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